WIESBADEN – According to estimates of the Federal Statistical Office (Destatis), retail turnover in Germany is expected to be in nominal terms between 1.9% and 2.1% larger than in 2011. In real terms turnover is expected to decrease by between 0.1% and 0.3%.

This estimation is based on data for the first eleven months of 2012. In this period retail turnover was in nominal terms 2.3% larger and in real terms equal to that (0.0%) in the corresponding period of the previous year.

According to provisional data turnover in retail trade in November 2012 was in nominal terms 1.6% larger and in real terms 0.9% smaller than in November 2011. The number of days open for sale was 26 in November 2012 and 26 in November 2011, too.

When adjusted for calendar and seasonal variations (CENSUS-X-12-ARIMA), the November turnover was in nominal terms 1.6% and in real terms 1.2% larger than that in October 2012.